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Spain retail warehouses - January 2015

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Spain retail warehouses - January 2015

The retail warehouse market comprised 4.4 million sq m at the end of 2014 (including retail parks and freestanding retail warehouse units), which equates to y-o-y growth of 4%.

In terms of the distribution of space by property type, freestanding units continue to account for the highest amount of market share compared to retail parks, with 59% and 41% respectively. However as this segment consolidates the market is steadily moving towards the development of retail complexes, which is pushing the number of freestanding units down in comparison to retail parks.

Source : Savills

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